Fausto Commercial is proud to present this turnkey, fully renovated multifamily investment opportunity in the heart of Pompano Beach. This exceptional income-producing property features 5 units with an ideal unit mix of four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, generating over $113,000 in annual gross income with additional… Read More upside, creating an attractive 8%+ cap rate opportunity.The property has undergone a complete renovation, including updated plumbing, updated electrical, central A/C throughout, and impact-resistant windows and doors. Renovated interiors feature modern kitchens and bathrooms, new flooring, updated fixtures, fresh paint, and contemporary lighting, while exterior improvements enhance curb appeal and minimize future maintenance, making this a true turnkey investment.Located in one of South Florida's fastest-growing submarkets, the property benefits from Pompano Beach's ongoing transformation, including the $2 billion Downtown Pompano Beach redevelopment and nearby luxury developments that continue to attract new residents and investment. With strong in-place income, significant capital improvements, and long-term appreciation potential, this is an outstanding opportunity to acquire a stabilized multifamily asset in one of Broward County's most dynamic rental markets. Read Less
Courtesy of Fausto Commercial Realty Consultants Inc, Arun Mohan, 786-748-7373.
Listing Snapshot
Days Online
82
Last Updated
Property Type
Multi Family
Square Ft.
3,269
Lot Size
0.23 Acres
Year Built
1984
MLS Number
A12058451
30 Days Snapshot Of 33060
$344k
0%
(avg) sold price
0
-100%
homes sold
114
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1984, Construction materials: Block, CBS, Other, Toal building area: 3269, 5 total units
Cooling
Central Individual
Heating
Central Individual
Lot
0.23 acres
Property
Zoning: RM-20
Roof
Shingle
Taxes
Annual amount: $18,815
Tenant Pays
Electricity, Interior Electric
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Confirm your time
Fill in your details and we will contact you to confirm a time.
